and i have different responsibilities and bards of major companies as for example to. star as well as first child. of chairman of the information and media commission of the upper chamber of the russian parliament. as a present of a storm and no inertia so our system producing rolling stock and the solutions for the railways and they rose to the base german of this is usually group and businesses. and last but not least and when i was in a gig i got a phoned and the know there faculty or school i would have actual economics and foreign affairs at the state university there are six you know first the higher school of economics we always have these long descriptions for these panels and i think the title of leader creating a space for mean are we even at a point where we can even contemplate creating trust when we have so much distrust that is just only enhancing as time goes by and it's particularly one particular

country in the world is sowing a lot of distrust all across the globe and we can talk about the iran deal and other things but i mean you know this was written before that happened but can we actually talk about trust right now we even close to that. and to my mind trust is based on a certain balance of interests and until we reach those balance of interests our trust will be in jeopardy and that's evident asserting one's interests and interests of one country over the interests of other countries by. means of pressure sanctions and so on that that is destroying trust and that's why i understand the essence of your question. if we talk about trust today what are we facing i think we're facing and an effort at trust destruction. to my mind it comes mostly from. one global power and the only global power.

that has and gives the cell phone the pass of. america first which means that the interests of the united states are coming in first place despite any. any bonds of interest contrary to the. and this recipe of having. trust being rebuild in the world a set of. i think you know we were mentioning the term interests i mean there's nothing wrong with sovereign countries protecting their national interest it's universal but in this state we have some. they would say your interests are not legitimate basically anything that they are trying to build their relationship i mean in between states are on trust. is a failed exercise. as well as enough electoral size was to

build the region to do the seeds based on various because there is a change in within states within societies constantly and you couldn't even find to be the base them you could build a relationship upon common interests and balance of power and that is the only foundation for for whatever can call trust if you understand that your interests coincide. concur or they're moving in the same directions then you could work together and working together you could build up or you wish you could. but if there is no solid foundation then we are doomed to fail that has happened exactly i mean twenty years ago when we were talking trust trust trust while one side was i mean push again the other side i mean to the fringe extent i mean political extinction now will have

a bad. backlash for example a few to no. due to that backlash will have only one side of cold war and they're cutting to some of the come out of me and my colleagues we all russia plus china and others could win in this cold war we would be good. no because a better balance will be again not stable just because going into a like a new cold war ice war is not with the choice of all parties here and tell me you want to make a comment by surprise you i would like to focus on free trade. we often to believe that or that i think got to stay with us for a while then we actual could when we discover this song think i said this i fear the trade the sea would have to be at that no but in fact it is an hour of it but i think. thirty janaya there was really meaning to buy a years for goods that they covered thought of floats today you were

a cop at the discovered that the global economy is a leaning forward to protect you except by us. went there your ass introduced the global of us to only imports over still as our menial wired better gaming. out of a south interest we got your point about free trade here and in let me go to john pier because i think it's really important if we look at a greater eurasian. political and economic space obviously trade is going to be involved in that you think recent events again in iran is the eight hundred pound gorilla sitting in the corner is this sending a very strong message now that the europeans have to start reassert i mean looking towards it we it's a truism asia is is the center of the future ok because of economic trade because of populations all kinds of things which i mean real political events on the ground now or shouldn't make the european start rethinking their position these would be

the atlantic world. to make their living with the previous question and he's went you know is a trust is a nice thing but it depends we need rules of the game of the rule of the game change we are not in the union or to a word you know russia is. china is there not on you know he said but look back now. impose mazie us. to sanctions not to be appreciated to european companies and they sing historical reporting east for europe now. and our partners in europe are always that way that we have the opportunity to stop when there's a sanctions everybody forgets that every six months right iraq a story new sanctions or not under all unanimity. agreed but. i mean the europeans have not shown a lot of strength let's put it that way ok you look to go back to two thousand and

three in the illegal invasion of iraq i mean france and germany were if they didn't back it but in the end they went along we are i get it is this a turning point here because i don't i hear this from europeans all the time but it never nothing changes you know it does but my point of view is that it's very dangerous for europe because if we continue in a disease first we go against our interests which is bad for our companies but of your point companies are he is about forward population that is about for europe because some countries you know eat an easy example we can go out of this agreement generally in europe so europe can explode when they look so it's problem i seems of president michel as an historic or opportunity you know is to go east way to go to say stop the constant let me go to you because i think it's really interesting and when we look at a greater eurasia political economic and trade space is this a duplications of western institutions that were put into place after the second

world war i think of the i.m.f. bretton woods and these kinds of institutions are there's a there's a interesting literature about the world beyond the west or parallel to the west is this something you would see because there is a hedge i'm on in the west it's the united states but if we look at the you're asian space would there be a hedge a man would be actually more democratic in a way go ahead. first of all i would like to cut big to two points i believe so it's a question of confidence and trust is something where we should be i believe white objective and say this changed to mergers change and i believe that it will be good coming big to what we have seen is a basis into a world where we need a strong confidence between a. i believe success changed dramatically i believe that it's the end of the day

europe is to take in a very short time frame a major decision about what it stands for our is is a europe of twenty seven is used to europe france germany italy spain it if you as was of what you what will be a future of europe it's easily. question if we can see some parallel ities between what we hear from the chief to european as the argument association since this world and i believe that asia has a huge chains as well to elevate to build up something which is bringing more nations together as in up to now and very interesting developments not so much about give ocracy i believe this is something we should put an aside for surgery i believe if you are looking to a state is speedster says are countries who are developing in a certain sense and you have a parliament but say are coming from

a long story which doesn't allow to to sing into categories of two book ready countries and i believe so it will speak you stand beside strong to an addition in menu fracturing could be a very good complementarity for both of the countries and so lets him keep some time help subsidies manny's. de to develop these economies and i believe these will be the investor money and we're going to alexei because i mean it's interesting you're talking about it is because i'm in kazakhstan because it funds a very interesting story and very interesting model but when we think of the eurasia space everyone more or less thinks to what degree and i got alexei here this china wheat. china does indeed pretend to be leading since their famous speech by sittin pin in divorce with a key. field to the viking room left by the superpower on the other side of the

atlantic but i would like to quickly come back to your question of trust and bring up one fact as an investor and part of the group of my professional people having our own crystal balls looking into the future having a more dos and the lies in corporations companies how to preserve wealth and purchasing power for decades ahead investors do not merely feel the same prices do not displayed a new gloom if you look at financial markets bond yields are very low equity valuations are very high so investors a hippie company say investing at record levels banks who are recently aware sort of it and off as. non-existent profession are turning out ten percent return on equity wanted in soft assets so financial markets are doing well so i frankly think that a lot of this trust crisis is more of a political. phenomenon where politicians use record x.

addressing that of the mr howard ince as well using the weapon of sanctions as more than rhetorical it's very serious and it's a form of warfare that i think is people underestimate a lot ok i mean when you think how many countries in the world that are under sanctions by the united states it's extraordinary it's extraordinary. palestine is getting international recognition with the help of israel at least in the world of zoos and mental fiddlesticks miss it to me like you know. this isn't my cup of tea is something i'm going to not know phil saviano maybe. yeah you know

john i just hope. the only palestinians who gets the most help from his jerusalem counterparts i don't think there's some of those ruined on the location that not only could get it. and not fizzle off at that age he had to display any of the muscle that you had i don't want you to compete in the doesn't seem to do more of the most awesome companies often. apply for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money kill the narrowness and spending to get the twenty million and one player. it's an experience like nothing else on to because i want to share what i think what i know about the beautiful guy

my great so what more chance for. peace this minute. i'm peter lavelle i'm host of parties political discussion program cross talk and we have a very interesting panel here to discuss this issue of trust let me go to fiji period i'm a businessman so i will give you. a point of view it's clear there is no business we don't trust forest what is important. is there is unions there is e.u. there's those or asian economic reason it couldn't be cunanan for us we won't more integration be the european business meant more integration with these two unions why and way i don't get it but china. i will tell you is very fit. seventy percent in in russia seventy per cent in seoul quite more or less in his origin he

could make you can see what the president of the free and direct investment group. that's all ten percent american and the rest. and china is of the. income of investment it's not a lot because we produce is it means there are european companies produce here produce in russia produce in kazakhstan proving. that we have kompany we manage these companies or these companies are against of course the russian those are asian good if you hundred low but we manage them and we have a program we have got to address as a result or it is of the commission of liberation economic units or so we are here and we don't want to go well it is one of the largest voting what i always say you would never read that in the new york times you let me go to the front row here look at this completely open it up to everyone here. thank you peter the discussion so far seems to seem has avoided the theme from

atlantic to pacific i just want to reset point yeah i want to become on this idea of a parallel world of business and transactions and i think that's a very valid a deer things have become different from the cold war times we don't have a classic called war we have a confrontation between at the top level between the governments and still a lot of conflicts a lot of interaction but of meetings and so on between the societies and there's a quality to you fisher and it also applies to business because we have a cold war or an appearance of color but the business still still don't go there is the issue of sanctions which is extremely important and which actually spoils a big distinction of a parallel world which is independent of politics i've been speaking to quite a few people in the european union and at the very top level and i say are you against sanctions or yes we are very much against sanctions so please say to the

council of the of the european union say well maybe the italians do that will. well supported them when i talk to the italians they say well if the spanish do that we will support them i say come to our sons and i say look but tell it please you i guess the sanctions against russia you have to tell your greece you can afford the orthodox you know but that's only vigils that is a group they can't say no and so medical when she decides what to do you know to keep the unity of the european union central this we be the lead wonderful renew the sanctions every six months without discussing this issue because it will be yet another issue of discord in the european union which is a problem that you know we are sort of seeing which you keep point and we didn't speak about it you say that the people are if you speak with the top political liberal guys you are right and if you speak to the right heat but some people say what they see me looking to them but you know for the business community as a top c.e.o.

of the big group what happens if they are subsidiary in the united states they are legs this cannot sign nothing because they are blocked and when the not even can go again due to new york or washington united states and their company and system blogs and their legal their legal opinion who does really good opinion our american friends when you weigh those just easier i mean look so we have to stop the extract only eighty of of the law all of us in europe and i and of the counter party if not you are blocked that's no way to read our allies and friends are not going to get your point. of origin to sanctions you need more than one country this is their rule of their of the union. but i want to return back to their plans to the pacific. we have we are all from europe

here and does we have to understand to be to a failed twenty five years ago when we had an opportunity to build a common space but one of the reasons why we failed was because we didn't have a common theme or common goal and now russia and other countries are proposing us a new common goal of building. the eurasia space including japan including to eventually indonesia we are having a new opportunity we have to think differently and maybe if we go in that direction together we will build the foundation for trust and not building it of course against cheney's because i have been recently to germany i mean we will remember i mean war and some of our june friends i mean let's unite against china our no way i mean let's unite with china. two points to first point is about what you have to say many people in europe have two days of feeling what you bitch ass mentioning

said russia is moving east and less committed to europe vest on european orientations which would be i believe a shift of paradigm yes and it could be a development which still will be and you'll be in new wake of distinction between mr new europe see e.u. and russia and i believe said we must be very careful if we say said we have a common history set we have common values between russia and europe not talking so much about c.e.o. but about risks in europe especially i believe said she should be a point which trick us again since a question of trust and of confidence and you know it's for us is especially as coming from her point of view we have so much common links between russia and germany history literature says terrible valar be grateful for what you have

time for our unification and whatever so we believe said we would not like to keep this up we would like to be close to russia if a remember klaus a statement on here on the same subject five years ago he would have said oh no russia is a completely european and if you couldn't you wouldn't go east for think this now you know already ambivalent about that whether i mean klaus in five years and then we were you'll say that let's go together. because you are extremely wise yanks removed the far reaching effects through thirty to no one of the future you germans i know saying that will happen and sergei we know each as an hour since march in twenty five years and i and i believe really. i said what i wanted to say is said we want we must have in europe together with russia a very clear strategic arrian taisha know where to go and i believe she says even

more important after see iran decision of the united. believe where we have to work and where should we should have as well a new basis of confidence and we should we should bring out says doubts which we have actually about a strategy of russia very important whether. europe will pass the test of iran because everybody says let's keep the deal now merican has agreed that european companies will leave iran mostly and the european union will not compensate around the losses of you know if europe is dragged into the u.s. sanctions against iran against its own will then the test will not be passed which i think is an additional officers acting like they right i would say to my german friend we can ask. friends we went to be sure if you go if you want to go more east and west we do every scene to put them in the arms of china and we

are lucky that they are not completely insane and of china because right on the best four million year agreement with. europe when they got the will to the un very ridiculous the us is very easy you know it's the biggest market is a world so for a company is very many around them in the u.s. if there is sanctions when i go when i close everybody across the river to cross us of course not us as a but you see have to weigh your interests if there are more trade more investment in your own that you're bringing about more in the u.s. so it's very easy let's go to the front row here. well i think so far you know by hearing this very lively discussion and debate i just want to make the following point. first of all i think there are. china russia economically quite complementary. china has

a surplus of capacity in beauty infrastructure maybe well over doing that in china but china is good at doing that. aetiology aside i think china sees that at the precondition for economic development secondly china is taking. protection now extremely seriously again because we have overlooked that for so many years we are paying the price so russia has a competitive advantage in arm that front. i think central asia is extremely important i don't want to d. and present that but i think central asian hisself won't move the needle when you look at pacific when europe saw economically i do see that rationale for china russia and germany now to form an alliance but

to create more synergy economically this is the chinese leaders perspective precisely because these two french gentleman have been arguing against each other chinese leaders and i think the only take germany seriously your. hate to see this . really is germany has a strong interest very strong in the west say to gauge you to drag you to history you do a lot of. set we should come back to a leadership role in europe. russia take western orientation we have no interest at all said russia is moving east this is not in our interest but you has it's not have no shows that you have to choose. we had to make absolute matters aujali lactation ukrainian. life is not black and white i believe we're all i think there's a man in the white house yes well yes but for

a white child like that i believe said we have to make sure said we are doing a lot of efforts as europeans is specially scenes. united states irrelevant said we are doing everything to bring says sanctions stone and show you know is my opinion about syria because to arizona i think the litmus test is going to be your energy policy b.s. you know what europe's energy is how she's been made in washington d.c. right now yes and they have. to make that relish as well since it's not black and white you will see said we will find a solution for. not straight to into next couple of weeks i didn't know it sets an american trail here guys you hear it and knowing say it's an american thrill not to lie gate and say it's a view will certainly look for us or ways and means to bring make between suit knighted states. and so i believe c.c.c.

is what we have to be aware of but i'm sure said that we have as well as germans were very strongly looking to see united states said we see that say something changing if it comes to see over all let me say excellent relationship which we always had between germany europe and the united states iran is a critical point yeah a very critical point and issue said the united states would take the addition decision against not without but against a european very clear orientation will be sweet somehow for cynics foreseeable future all right we've run out of time i hope you've enjoyed our panel here from the atlantic to the pacific creating a space for trust here at the st petersburg international economic forum thank you for being.

good only to bring people together and i'm sure that these folks of the exceptional good to come in the field of play but also for the me for the fisa michel for russia the two showed that to organize a vote of. that . kids. can manning. read as you don't consume even though i can do it on jay film

firsthand on the person in that equal buddhism's isn't that what he calls a stance me. because i don't we don't see how in the. movie that to those of minnesota is this is also the acid of all. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer it be in the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict despond dennison the idea that we were executing innocent people is terrifying and those just new leader hasn't been that we're even many of the times families want the death penalty to be abolished the reason we have to keep the death penalty here is

because that's what murder victims' families what that's going to give them peace it's going to get justice and we come in and say. not quite enough we've been through this this isn't the way. in the headlines this morning donald trump and kim jong un you're in singapore for the highly anticipated u.s. north korea summit which is hope which will cap the recent spike in tensions and uncertainty on the korean peninsula. crowds gather for the opening of a fee for world cup finals zone in moscow football's biggest told with kicking off in russia on thursday of course. and the dying year old girl is placed in rehab for her addiction to an online game after apparent distressing changes in their behavior a former hacker and the psychologist take it on. things video games are part of our .